deejal
45 posts
msg #52768
- Ignore deejal |
7/3/2007 2:43:24 AM
This filter was posted (I forget by whom) and it was indicated that it was a good short filter. Every time I take a look at it...it would produce excellent results for an actual long filter. Is there something wrong with this filter for a short?
Close is near upper Bollinger Bands(20,2)
close is below open
and price is above 5
MACD Histogram(4,8)has been decreasing 1-day
MACD Histogram(4,8)1-day ago had been increasing
2-day slope of MA(20)is above 0
MA(20)is more than 2% below close
average volume(90)is above 100000
Having used this filter for longs for the past five days (6/25/07) would have been great... for longs. The results are very good. But, i want it short.
|
deejal
45 posts
msg #52769
- Ignore deejal |
7/3/2007 2:44:07 AM
I apologize, I don't know how to make them clickable.
|
maxreturn
745 posts
msg #52775
- Ignore maxreturn
modified |
7/3/2007 10:59:03 AM
Hello Deejal...don't know about your filter but all you need to do to make them clickable is to put the the word fetcher followed by a bracket before your first line of code. Example...fetcher]
Then simply put a bracket immediately following your last line of code. example...]
Here's your code
Regards
Max
|
nikoschopen
2,824 posts
msg #52778
- Ignore nikoschopen |
7/3/2007 11:31:24 AM
Trying to front-run the stock thinking that it will drop just because it hit the upper Bollinger band is really not a wise idea. Depending on its width, if the slope of the Bollinger is up, it will more often continue going up rather than reverse. A good gauge to use in analyzing this is to overlay the Bollinger with a Keltner channel of smaller time period (I use the 7-period Keltner).
|